North Dakota Relinquishment Provision - All offset Wells

State:
Multi-State
Control #:
US-OG-716
Format:
Word; 
Rich Text
Instant download

Description

This clause addresses the responsibilites in the event any Party elects not to participate in the drilling of a well and provides for the relinquishment of interest and assignments by that party.

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FAQ

Flaring and venting are controlled processes to dispose of gas, essential for emergency and safety purposes on oil and gas installations, and in situations where it may not be feasible for the gas to be used, exported or re-injected. Flaring is the ignition of gas, and venting is the release of unignited gas.

Department of Mineral Resources, Oil and Gas Division The Department of Mineral Resources' Oil and Gas Division regulates the drilling and production of oil and gas in North Dakota.

Flaring is a waste of a valuable natural resource that should either be used for productive purposes, such as generating power, or conserved. For instance, the amount of gas currently flared each year ? about 140 billion cubic meters ? could power the whole of sub-Saharan Africa.

Oil production increased by 5 percent to 80 million barrels per day (bbl/d) from 77 bbl/d in 2021. As a result, the global average flaring intensity?the amount of gas flared per barrel of oil produced?dropped to 4.7 m3/bbl in 2022 from 5.1 m3/bbl in 2021.

Flares must be equipped and operated with an automatic ignitor or a continuous burning pilot. Visible flare emissions must not exceed 20 percent opacity except that a maximum of 60 percent opacity is permissible for not more than one six-minute period per hour.

Flares must be equipped and operated with an automatic ignitor or a continuous burning pilot. Visible flare emissions must not exceed 20 percent opacity except that a maximum of 60 percent opacity is permissible for not more than one six-minute period per hour.

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North Dakota Relinquishment Provision - All offset Wells